tiprankstipranks

FLBL Price & Analysis

Compare

FLBL ETF Chart & Stats

ETF Overview

Franklin Liberty Senior Loan ETF

The Franklin Liberty Senior Loan ETF (Ticker: FLBL) offers investors a strategic entry into the high-yield corporate debt market, specifically through its focus on bank loans. This unique ETF is expertly designed to provide exposure to senior secured loans that typically offer floating interest rates. By concentrating on high-yield, floating rate bank loans, FLBL offers a compelling option for investors seeking to enhance their income potential while mitigating interest rate risk. Categorized under "Corporate, Bank Loans," this ETF is particularly attractive to those looking to diversify their fixed income portfolios with assets that could perform well in rising interest rate environments. The floating rate nature of the underlying loans means that their interest payments adjust with changes in benchmark rates, offering a hedge against inflation and interest rate volatility. The fund's focus on senior loans means it invests in debt instruments that are secured by collateral and hold priority over other debts in case of borrower default. This seniority provides an additional layer of protection, potentially reducing credit risk compared to unsecured high-yield bonds. The Franklin Liberty Senior Loan ETF thus combines the potential for high yields with a measure of security, making it a strategic choice for income-focused investors navigating today's complex economic landscape.
Asset Class
Fixed Income
Region
North America
Issuer
Franklin
Index Tracked
No Underlying Index
Ticker Symbol
FLBL

Franklin Liberty Senior Loan ETF (FLBL) Fund Flow Chart

Franklin Liberty Senior Loan ETF (FLBL) 1 year Net Flows: $521M

FLBL ETF FAQ

What was FLBL’s price range in the past 12 months?
FLBL lowest ETF price was $24.00 and its highest was $24.51 in the past 12 months.
    What is the AUM of FLBL?
    As of Jan 28, 2025 The AUM of FLBL is 844.60M.
      Is FLBL overvalued?
      According to Wall Street analysts FLBL’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does FLBL pay dividends?
        FLBL pays a Monthly dividend of $0.16 which represents an annual dividend yield of 7.99%. See more information on FLBL dividends here
          How many shares outstanding does FLBL have?
          FLBL has 34,705,012 shares outstanding.
            Which hedge fund is a major shareholder of FLBL?
            Among the largest hedge funds holding FLBL’s share is 3EDGE Asset Management, Lp. It holds FLBL’s shares valued at 2M.

              Top 10 Holdings

              Name
              Weight %
              USD_CASH
              Federal Home Loan Bank System 0.0% 28-JAN-2025
              20.11%
              USD_CASH
              FIXED INCOME (UNCLASSFIED)
              5.27%
              USD_CASH
              Cotiviti, Inc. Senior Secured 1st Lien Term Loan 31-Mar-2031
              1.08%
              USD_CASH
              Vibrantz Technologies Inc Term Loan 23-Apr-2029
              0.96%
              USD_CASH
              First Brands Group Llc Term Loan 30-Mar-2027
              0.88%
              USD_CASH
              Mh Sub I Llc Term Loan 03-May-2028
              0.86%
              USD_CASH
              Boost Newco Borrower Llc Term Loan 31-Jan-2031
              0.83%
              USD_CASH
              Cdk Global Ii Llc Term Loan B 06-Jul-2029
              0.79%
              USD_CASH
              Madison Iaq Llc Term Loan 21-Jun-2028
              0.77%
              USD_CASH
              Mcafee Corp Term Loan B 01-Mar-2029
              0.75%
              Total32.30%
              See All Holdings
              Popular ETFs
              What am I Missing?
              Make informed decisions based on Top Analysts' activity
              Know what industry insiders are buying
              Get actionable alerts from top Wall Street Analysts
              Find out before anyone else which stock is going to shoot up
              Get powerful stock screeners & detailed portfolio analysis